Latest Governance And Risk News

Hearts and Minds Investments Limited (HM1) saw its profit after tax drop 57% to $46.4 million for FY26, amid a portfolio return slowdown to 5.2%. The company declared a 10-cent fully franked final dividend and maintained its $11.4 million commitment to Australian medical research.

Netwealth Group posted record FY26 revenue of $391 million, up 21%, with adjusted net profit rising 16.2% to $135.4 million after excluding $105 million in First Guardian compensation. The company declared a fully franked 21-cent final dividend, maintaining a 9.1% increase in total dividends.

HMC Capital reported a statutory loss of $111.6 million for FY26 amid significant fair value losses, yet delivered operating earnings close to guidance and maintained its dividend. The group’s strategic partnerships and capital recycling position it for a 16% rise in underlying earnings in FY27.

Count Limited (ASX:CUP) reported a 71% jump in net profit to $15.2 million for FY2026, driven by strong organic growth and strategic acquisitions including the completion of Oracle Group. The company declared a fully franked final dividend of 3 cents, lifting total dividends to 5 cents per share.

Carindale Property Trust (ASX: CDP) reported a robust 50.7% jump in net profit for FY26, boosted by a $25.6 million property revaluation gain, alongside an 8.8% rise in funds from operations and a 5% lift in distributions.

Janison Education Group posted a 3% revenue rise to $48.1 million in FY26, underpinned by international contract expansion and AI innovation, despite margin pressure from onboarding costs.

AUB Group delivered a robust FY26 with 12.2% underlying NPAT growth to $224.6 million, driven by strong international and domestic performances, and completed its strategic UK Prestige acquisition. The company declared a fully franked 71-cent final dividend and provided positive FY27 profit guidance.

Symal Group (ASX: SYL) delivered record FY26 results, surpassing $1 billion in revenue and completing four strategic acquisitions to diversify its infrastructure services platform.

GR Engineering Services delivered a record EBITDA of $63.1 million in FY26, secured over $1 billion in new contracts, and announced a $110 million equity raise to support a forecast revenue surge in FY27.

Adairs Limited delivered 3.8% sales growth in FY26, driven by strong performances at Adairs and Mocka, while Focus on Furniture faced a sharp earnings hit and a $63.5 million goodwill impairment. The group declared a 6.0 cent final dividend amid ongoing strategic transformation.

Reece Limited posted a 4.5% revenue increase to $9.38 billion in FY26, driven by a strong ANZ recovery and tempered by ongoing challenges in the US residential market. Despite flat EBITDA and a slight dip in net profit, the company unveiled a revamped long-term executive remuneration plan aligned with its 2030 strategy.

Cash Converters posted 11% revenue growth in FY26 driven by franchise acquisitions and loan book evolution, while net profit fell 20% amid strategic shifts and one-off costs.